Civic Intelligence

The Highest Peak Foundation

990PF • Fiscal year 2021 • EIN 47-2574781

Jan 01, 2021 to Dec 31, 2021 • Filed on May 23, 2022

631 N Stephanie St 56Henderson, NV 89014

(949) 356-2970

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $500k-$1M nonprofits • Source year 2021

Net Margin

5th percentile

-105%

Higher net margin than 5% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • $500k-$1M nonprofits • Source year 2021

Asset Growth

18th percentile

-3.9%

Faster asset growth than 18% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-61%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$880,301

Down $35,969 (-3.9%) from 2020

Net Assets

Down

$880,301

Down $35,969 (-3.9%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$45,012

Down $69,802 (-61%) from 2020

Expenses

Down

$92,188

Down $169,819 (-65%) from 2020

Net Income

Up

-$47,176

Up $100,017 (+68%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2015: $1,488,514Liabilities 2015: $0Net Assets 2015: $1,488,5142015Assets 2016: $1,213,981Liabilities 2016: $0Net Assets 2016: $1,213,9812016Assets 2017: $1,182,570Liabilities 2017: $0Net Assets 2017: $1,182,5702017Assets 2018: $1,176,478Liabilities 2018: $0Net Assets 2018: $1,176,4782018Assets 2019: $1,114,698Liabilities 2019: $0Net Assets 2019: $1,114,6982019Assets 2020: $916,270Liabilities 2020: $0Net Assets 2020: $916,2702020Assets 2021: $880,301Liabilities 2021: $0Net Assets 2021: $880,3012021Assets 2022: $1,120,027Liabilities 2022: $0Net Assets 2022: $1,120,0272022Assets 2023: $683,384Liabilities 2023: $0Net Assets 2023: $683,3842023Assets 2024: $526,236Liabilities 2024: $0Net Assets 2024: $526,2362024

Highlighted filing

2021

Assets$880,301
Liabilities$0
Net Assets$880,301

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,057,461Expenses 2015: $8,210Net Income 2015: $1,049,2512015Revenue 2016: $45,920Expenses 2016: $121,323Net Income 2016: -$75,4032016Revenue 2017: $36,663Expenses 2017: $103,389Net Income 2017: -$66,7262017Revenue 2018: $81,784Expenses 2018: $212,816Net Income 2018: -$131,0322018Revenue 2019: $69,363Expenses 2019: $143,192Net Income 2019: -$73,8292019Revenue 2020: $114,814Expenses 2020: $262,007Net Income 2020: -$147,1932020Revenue 2021: $45,012Expenses 2021: $92,188Net Income 2021: -$47,1762021Revenue 2022: $75,406Expenses 2022: $144,896Net Income 2022: -$69,4902022Revenue 2023: $43,920Expenses 2023: $138,572Net Income 2023: -$94,6522023Revenue 2024: $48,965Expenses 2024: $166,797Net Income 2024: -$117,8322024

Highlighted filing

2021

Revenue$45,012
Expenses$92,188
Net Income-$47,176
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 23, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH ANN HARRIS-COLAROSSIPresident-$0--
RICHARD LEIGH COLAROSSIVice-President-$0--
DEAN COLAROSSISecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Highest Peak Foundation
EIN
47-2574781
Phone
9493562970
Address
631 N STEPHANIE ST 56, HENDERSON, NV 89014

Signing Officer

Name
Richard L Colarossi
Title
Vice President and Treasurer
Phone
9493562970
Signed
2022-05-23
Discuss with paid preparer
Yes

Preparer

Firm
Ltsp Inc
Address
4685 MACARTHUR COURT SUITE 300, NEWPORT BEACH, CA 92660
Preparer
Doris D Farinacci
Phone
9496502771
Raw XML Appendix341 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt47000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0TO PROMOTE PERFORMING ARTS IN SOUTHERN CALIFORNIA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1TO PROVIDE RESOURCES FOR MARINE MAMMAL RESCUES, REHABILITATION AND RELEASE AND INSPIRE OCEAN STEWARDSHIP THROUGH RESEARCH, EDUCATION, AND COLLABORATION.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2TO HELP KIDS DISCOVER THEIR OWN WORTH AND CAPABILITY THROUGH THE CONSISTENCY AND SACRIFICE OF RUNNING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3TO IDENTIFY, EDUCATE, TRAIN, AND ORGANIZE STUDENTS TO PROMOTE THE PRINCIPLES OF FISCAL RESPONSIBILITY, FREE MARKETS, AND LIMITED GOVERNMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4TO DEVELOP OFFERINGS AND CURRICULUM THAT FOSTER INCREASED ACTIVITY AND LAUNCH NEW OPPORTUNITIES FOR FINANCIALLY VULNERABLE CHILDREN TO FIND A PASSION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0MUSICAL THEATRE WEST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1PACIFIC MARINE MAMMAL CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2TEAM LONG RUN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3TURNING POINT USA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4ACTIVE DISCOVERY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt4NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt3NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt4NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt04350 E 7TH STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt120612 LAGUNA CANYON ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2PO BOX 54
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt34940 EAST BEVERLY ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4170 SIDNEY BAY DRIVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0LONG BEACH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1LAGUNA BEACH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2NORTH BRIDGTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3PHOENIX
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4NEWPORT COAST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2ME
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3AZ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd090804
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd192651
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd204057
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd385044
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd492657
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt089000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt042239
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt042239
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0209414
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt086340
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0150707
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt041932
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt02516
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt02516
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0535154
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt046761
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0209414
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt086340
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0150707
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt041932
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt089000
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt046761
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0537670
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0490909
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherDecreasesSchedule/OtherDecreasesDetail/Amt095
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0TAXES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0LEGAL & PROFESSIONAL FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt02618
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1570
OtherIncreasesSchedule/OtherIncreasesDetail/Amt011302
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0UNREALIZED GAIN
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD L COLAROSSI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT AND TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09493562970
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE HIGHEST PEAK FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0472574781
ReturnHeader/Filer/PhoneNum09493562970
ReturnHeader/Filer/USAddress/AddressLine1Txt0631 N STEPHANIE ST 56
ReturnHeader/Filer/USAddress/CityNm0HENDERSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953864890
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LTSP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04685 MACARTHUR COURT SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWPORT BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092660
ReturnHeader/PreparerPersonGrp/PhoneNum09496502771
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DORIS D FARINACCI
ReturnHeader/ReturnTs02022-06-14T18:50:50-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COLAROSSI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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